Summary
Overview
Work History
Education
Skills
Certification
Languages
Awards
OBJECTIVE
Language
Affiliations
References
Timeline
Generic
CA Krishna Naik

CA Krishna Naik

Mumbai

Summary

Assistant financial controller with expertise in financial report preparation, budgeting, forecasting, and managing accounts payable and receivable, as well as taxation. Demonstrated strong analytical skills in identifying variances and trends in financial data. Proven track record in enhancing financial governance through robust internal controls and risk mitigation strategies. Spearheaded the accounting team to a successful Initial Public Offering of INR 600 crore within six months.

Overview

17
17
years of professional experience
1
1
Certification

Work History

Assistant Financial Controller

FMC India Private Limited
Mumbai
11.2023 - Current
  • Company Overview: FMC India Private Limited is one of the leading crop protection companies, and the leading player in the insecticides segment. It offers a robust portfolio of solutions for crop protection, crop nutrition, and professional pest management.
  • Managed day-to-day finance operations, fostering collaboration among accounting teams.
  • Supervised the month-end and quarter-end close process, ensuring timely financial deliverables.
  • Reviewed sales metrics and calculated commissions accurately for reporting.
  • Identified process improvement opportunities through automation and streamlining efforts.
  • Collaborated with external auditors during annual audits to ensure accuracy of financial statements.
  • Collaborated across departments to enhance efficiency in financial data collection.
  • Ensured compliance with SOX guidelines by developing robust internal policies.
  • Maintained thorough knowledge of Generally Accepted Accounting Principles for accurate reporting.
  • Provided training and mentorship to junior finance staff on best practices.

Senior Manager - Finance & Accounts

FMC India Private Limited
Mumbai
07.2021 - 10.2023
  • Executed month-end and quarter-end closing activities, focusing on journal entries and account analysis.
  • Maintained precise transaction records in the general ledger system.
  • Prepared comprehensive financial statements in line with Generally Accepted Accounting Principles.
  • Coordinated with external auditors for seamless annual audit processes.
  • Ensured compliance with tax regulations while managing financial transactions.
  • Collaborated across departments to efficiently resolve financial discrepancies.

General Manager - Finance, Accounts & Taxation

Laxmi Organic Industries Limited
Mumbai
04.2017 - 06.2021
  • Company Overview: Laxmi Organic Industries Limited is an India-based company, engaged in the business of specialty chemicals. The Company primarily manufactures ethyl acetate, acetic acid, and diketene derivative products.
  • Oversaw daily operations to streamline workflows and improve service delivery.
  • Generated monthly sales reports to inform business development planning.
  • Facilitated training sessions for employees, ensuring adherence to company policies.
  • Compiled detailed performance reports for senior leadership review.
  • Conducted financial analysis and reporting to aid strategic decisions.
  • Formulated annual budgets and forecasts to direct organizational finances.
  • Spearheaded accounting team fundraising efforts resulting in INR 600 crore IPO.
  • Executed accounting software implementation for compliance with GST and IND AS.

Manager - Audit Assurance

Deloitte Haskins & Sells, LLP
Mumbai
04.2012 - 03.2017
  • Company Overview: Deloitte is a global professional services firm that provides audit, consulting, financial advisory, risk advisory, tax, and related services to clients in various industries. It is one of the big four accounting firms, along with EY, KPMG, and PwC.
  • Presented audit results to the board of directors of the listed entity using clear, non-technical language for understanding.
  • Collaborated with team members to efficiently complete assigned tasks related to audits.
  • Documented audit procedures and findings in alignment with company requirements and regulations.
  • Supported senior auditors in planning and executing audits, enhancing overall effectiveness.
  • Conducted risk assessments on financial operations to determine focus areas for audits.
  • Reviewed financial statements for compliance and prepared recommendations for improvement.
  • Maintained updated knowledge on auditing policies while assisting with document preparation.
  • Analyzed complex financial data employing specialized software like Microsoft Excel.

Deputy Manager - International & Corporate Tax

Deloitte Haskins & Sells, LLP
Mumbai
10.2008 - 03.2012
  • Drafted and prepared detailed tax returns for individual and corporate clients, maintaining compliance with applicable laws.
  • Support in providing strategic advice on minimizing tax liabilities through effective planning.
  • Researched evolving tax laws to ensure precise and timely filings for all clients.
  • Analyzed financial records to ascertain correct filing status for optimal outcomes.
  • Educated clients on legislative changes affecting their tax situations and potential impacts.
  • Filed required estimated quarterly taxes to adhere to legal obligations.
  • Supported resolution of tax disputes (till High Court) by drafting responses and amendments as needed.
  • Collaborated effectively with other professionals to streamline client service processes.

Education

Mumbai, India - Finance, Tax & Accounting

Institute of Chartered Accountants of India
Mumbai, India
05-2008

Mumbai, India - Bachelor of Commerce

SIES College Of Arts, Science & Commerce
Mumbai, India
03-2005

Skills

  • Attention to detail
  • Cash flow management
  • US GAAP knowledge
  • Risk management strategies
  • Business partnering expertise
  • ERP systems proficiency
  • Team collaboration skills
  • Leadership capabilities
  • Attention to detail
  • Cash flow management
  • US GAAP knowledge
  • Risk management strategies
  • Business partnering expertise
  • ERP systems proficiency
  • Team collaboration skills
  • Leadership capabilities

Certification

  • FMC Science of Leadership
  • Accredited training facilitator, Deloitte Haskins & Sells

Languages

English - Proficient, Gujarati - Native, Hindi - Advanced, Marathi - Advanced

Awards

APAC Rockstar Award (Individual Award), APAC Rock band Award (Team), Passion for Quality Award

OBJECTIVE

Aiming to join an organization where I can use my knowledge of financial regulations and standards while delivering precise information for decision making.

Language

Gujarati
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Marathi
Advanced (C1)
C1

Affiliations

  • Corporate tax structuring of the Laxmi Group resulted in tax savings of 5 percent
  • Rationalization of GST balances resulted in cash inflows and ease on working capital by 10 percent
  • Implementation of ERP system to comply with IND AS and GST
  • Automation of various financial reporting

References

References available upon request.

Timeline

Assistant Financial Controller

FMC India Private Limited
11.2023 - Current

Senior Manager - Finance & Accounts

FMC India Private Limited
07.2021 - 10.2023

General Manager - Finance, Accounts & Taxation

Laxmi Organic Industries Limited
04.2017 - 06.2021

Manager - Audit Assurance

Deloitte Haskins & Sells, LLP
04.2012 - 03.2017

Deputy Manager - International & Corporate Tax

Deloitte Haskins & Sells, LLP
10.2008 - 03.2012

Mumbai, India - Finance, Tax & Accounting

Institute of Chartered Accountants of India

Mumbai, India - Bachelor of Commerce

SIES College Of Arts, Science & Commerce
CA Krishna Naik